NOT LISTED FOR SALE

Estimated Value: $1,268,000 - $1,659,000

4 Beds
3 Baths
1,965 Sq Ft
$762/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2017

Last sale price $570,000 $290 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $8,891 / mo

About This Home

This home is located at 601 Broadway, Cape May, NJ 08204 and is currently estimated at $1,497,391, approximately $762 per square foot. 601 Broadway is a home located in Cape May County with nearby schools including West Cape May Elementary School, Richard M. Teitelman School, and Lower Cape May Regional High School.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Feb 27, 2017
Sold by
Backe John E and Backe Laura C
Bought by
Seller's Agent
Carol Menz
COASTLINE REALTY, LLC
Buyer's Agent
Stacy Hutchinson
deSatnick Real Estate LLC - Cape May
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Current Estimated Value
$1,497,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,391
Avg. Annual Appreciation
10.69%
Original Mortgage
$440,000
Outstanding Balance
$356,192
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$1,141,199

Purchase Details

Closed on
Jul 17, 2014
Sold by
Winters Daniel J and Winters Martha M
Bought by
Backe John E and Backe Laura C

Purchase Details

Closed on
Apr 30, 2008
Sold by
Lorenzo Joseph and Lorenzo Irene
Bought by
Winters Daniel J and Winters Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1997
Sold by
Vitale Carolyn
Bought by
Lorenzo Joseph

Purchase Details

Closed on
Jun 28, 1990
Sold by
Johnstone James E
Bought by
Johnstone James E
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$570,000 None Available
Backe John E $525,000 --
Winters Daniel J $500,000 The Title Company Of Jersey
Lorenzo Joseph $104,500 --
Johnstone James E -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $440,000
Previous Owner Winters Daniel J $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2017 03/01/17 Sold $570,000 -5.0% $290 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $599,900 -- $305 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,033 $534,100 $312,200 $221,900
2025 $8,033 $534,100 $312,200 $221,900
2024 $8,124 $534,100 $312,200 $221,900
2023 $8,124 $534,100 $312,200 $221,900
2022 $7,237 $534,100 $312,200 $221,900
2021 $6,836 $534,100 $312,200 $221,900
2020 $7,045 $534,100 $312,200 $221,900
2019 $6,698 $534,100 $312,200 $221,900
2018 $6,756 $534,100 $312,200 $221,900
2017 $5,864 $479,900 $312,200 $167,700
2016 $5,864 $479,900 $312,200 $167,700
2015 $5,514 $479,900 $312,200 $167,700
2014 $5,095 $443,400 $312,200 $131,200
Source: Public Records

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